Landsbanki Islands - direct/ Statement apropos announcements by Cenkos Securities plc and Close Brothers Group plc

Landsbanki Íslands hf. addendum the contempo announcements by the English banking casework provider Close Brother´s Group plc. and Cenkos Securities plc. apropos the bank´s captivation in a accessible action for the Close Brothers Group plc.

Landsbanki confirms that it has, in affiliation with Cenkos Securities plc, fabricated an access to the axle of admiral of Close Brothers Group plc. apropos a accessible banknote action for the absolute issued allotment basic of Close Brothers Group plc. at a amount of 950 pence per accustomed share. Should the advised transaction be completed, Cenkos Securities plc would ultimately access the securities, asset administration and accumulated accounts businesses of Close Brothers Group plc, admitting Landsbanki would ultimately access its cyberbanking business.

These considerations are at a actual aboriginal date and there can be no authoritativeness that they will advance to an action for Close Brothers Group plc.

Enquiries:

Landsbanki Islands hf.:
Sigurjon Th. Arnason, CEO,
Halldor J. Kristjansson, CEO.

Tel. +354 410 4000.

HSBC Bank plc, which is adapted in the United Kingdom by the Financial Services Authority, is acting for Landsbanki and Cenkos and no one abroad in affiliation to affairs declared in this advertisement and will not be amenable to anyone added than Landsbanki and Cenkos and its accomplice for accouterment the protections afforded to barter of HSBC Bank plc or for accouterment admonition on affairs declared in this announcement.

Under the accoutrement of Rule 8.3 of the City Code on Takeovers and Mergers (the "Code"), if any being is, or becomes, "interested" (directly or indirectly) in 1% or added of any chic of "relevant securities" of Close Brothers, all "dealings" in any "relevant securities" of that aggregation (including by agency of an advantage in account of, or a acquired referenced to, any such "relevant securities") have to be about appear by no after than 3.30 message (London time) on the London business day afterward the date of the accordant transaction. This claim will abide until the date on which the action becomes, or is declared, actual as to acceptances, lapses or is contrarily aloof or on which the "offer period" contrarily ends. If two or added bodies act calm pursuant to an acceding or understanding, whether academic or informal, to access an "interest" in "relevant securities" of Close Brothers, they will be accounted to be a individual being for the purpose of Rule 8.3.
Under the accoutrement of Rule 8.1 of the Code, all "dealings" in "relevant securities" of Close Brothers by Close Brothers, or by any of its "associates", have to be appear by no after than 12.00 apex (London time) on the London business day afterward the date of the accordant transaction.
A acknowledgment table, giving data of the companies in whose "relevant securities" "dealings" should be disclosed, and the amount of such balance in issue, can be begin on the Takeover Panel´s website at www.thetakeoverpanel.org.uk.
"Interests in securities" arise, in summary, if a being has continued bread-and-butter exposure, whether codicillary or absolute, to changes in the amount of securities. In particular, a being will be advised as accepting an "interest" by advantage of the buying or ascendancy of securities, or by advantage of any advantage in account of, or acquired referenced to, securities.
Terms in citation marks are authentic in the Code, which can aswell be begin on the Takeover Panel´s website. If you are in any agnosticism as to whether or not you are appropriate to acknowledge a "dealing" beneath Rule 8, you should argue the Takeover Panel.
The administration of this advertisement in jurisdictions added than the United Kingdom may be belted by law and accordingly bodies into whose control this advertisement comes should acquaint themselves about, and observe, such restrictions. Any abortion to accede with the restrictions may aggregate a abuse of the balance laws of any such jurisdiction. This advertisement does not aggregate an action or an allurement to acquirement or subscribe for any balance or a address of an action to buy any balance pursuant to this advertisement or contrarily in any jurisdiction.

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The issuer is alone amenable for the agreeable of this announcement.